Haiti

Haiti ranked No. 73 in total trade value through June with a total of $991.64 million. Exports totaled $641.68 million and Imports totaled $349.97 million, a surplus of $291.71 million.

U.S. trade with Haiti rose to $991.64 million through June

Haiti’s trade with the United States rose to $991.64 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 17.65 percent below its total trade during the same time period last year. U.S. exports to Haiti decreased 6.84 percent while U.S. imports from Haiti fell 32.09 percent. The U.S. surplus with Haiti was $291.71 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Miami; No. 2 Port Everglades, Fla.; No. 3 Port of Savannah, Ga.; No. 4 Port of New York; and No. 5 Port of Southern Louisiana, Gramercy, St. James Parish. During the same period the previous year, the top five were No. 1 Port Miami; No. 2 Port Everglades, Fla.; No. 3 Port of Savannah, Ga.; No. 4 Christiansted Port Terminal, U.S. Virgin Islands and No. 5 Port of Houston. In the current time period, the top five accounted for 66.93 percent of Haiti’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami fell 44.23 percent to $224.82 million.
    Exports fell 48.21 percent to $72.41 million. Imports fell 42.12 percent to $152.41 million.
  • Trade with No. 2 Port Everglades, Fla. fell 11.41 percent to $179.97 million.
    Exports fell 2.75 percent to $55.35 million. Imports fell 14.78 percent to $124.62 million.
  • Trade with No. 3 Port of Savannah, Ga. rose 40.51 percent to $125.99 million.
    Exports rose 184.55 percent to $109.14 million. Imports fell 67.17 percent to $16.85 million.
  • Trade with No. 4 Port of New York rose 61.11 percent to $76.47 million.
    Exports rose 60.97 percent to $76.4 million. Imports totaled $66,286.
  • Trade with No. 5 Port of Southern Louisiana, Gramercy, St. James Parish rose 37.54 percent to $56.51 million.
    Exports rose 37.54 percent to $56.51 million. There were no imports.

Haiti ranked No. 73 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 77.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Haiti by value through June were the categories of Returned exports, with change; Rice; Gasoline, other fuels; Low value shipments; and Chicken and other poultry, respectively. They accounted for 66.69 percent of total exports to Haiti.

The value of the top five categories of U.S. imports from Haiti –– T-shirts, tank tops, knit or crocheted; Sweaters, pullovers, vests, knit or crocheted; Women’s or girls’ suits, knit or crocheted; Men’s or boys’ slacks, suits, not knit; and Men’s or boys’ shirts, not knitted or crocheted –– accounted for 75.44 percent of all inbound shipments.

Looking more closely at U.S. exports to Haiti:

  • Returned exports, with change rose 62.75 percent compared to last year to $190.04 million.
  • Rice rose 11.73 percent compared to last year to $110.45 million.
  • Gasoline, other fuels fell 58.31 percent compared to last year to $69.71 million.
  • Low value shipments fell 2.99 percent compared to last year to $31.6 million.
  • Chicken and other poultry fell 9.93 percent compared to last year to $26.11 million.

Looking more closely at U.S. imports from Haiti:

  • T-shirts, tank tops, knit or crocheted fell 46.01 percent compared to last year to $130.11 million.
  • Sweaters, pullovers, vests, knit or crocheted fell 38.79 percent compared to last year to $73.86 million.
  • Women’s or girls’ suits, knit or crocheted fell 6.65 percent compared to last year to $31.37 million.
  • Men’s or boys’ slacks, suits, not knit fell 48.16 percent compared to last year to $15.23 million.
  • Men’s or boys’ shirts, not knitted or crocheted fell 0.77 percent compared to last year to $13.45 million.

In the latest annual figures available, Haiti recorded $2.3 billion in trade with the United States. Total U.S. exports to Haiti were $ 1.24 billion and imports from Haiti were $1.06 billion. The U.S. surplus with Haiti was $174.27 million.